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Cited by 89Decision-Making and Behavioral EconomicsSchool Choice and PerformanceExperimental Behavioral Economics Studies

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Behavioral Economics of Education

Lavecchia, A.M., Liu, H., Oreopoulos, P.·2016·Handbook of the Economics of Education
DOI 10.1016/b978-0-444-63459-7.00001-4
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  • In making decisions about education, people tend to underestimate the future benefits and overestimate the current costs.

    “In making decisions about education (as well as health and retirement), people tend to underestimate the future benefits and overestimate the current costs.”

    From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Lavecchia, Liu, & Oreopoulos, 2016

  • People are likely to procrastinate, avoid complex choices, and exhibit inertia in planning and executing decisions about education.

    “They are also likely to procrastinate, avoid complex choices, and exhibit inertia in planning and executing decisions about education (Lavecchia, Liu, & Oreopoulos, 2016).”

    From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Lavecchia, Liu, & Oreopoulos, 2016

  • People systematically make decisions that cause them to underinvest when the costs are in the present and benefits far in the future.

    “A growing literature in psychology and behavioral economics also shows that people systematically make decisions that cause them to underinvest when the costs are in the present and benefits far in the future.”

    From College Costs, Financial Aid, and Student Decisions (2022) · cites this paper as Lavecchia, Liu, & Oreopoulos, 2016

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References 313 · Cited by 89

Research works printed but not linked: 148

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Metadata

Authors
Lavecchia, A. M., Liu, H., & Oreopoulos, P.
Affiliations
  • University of Toronto (CA)
  • Harvard University (US)
  • Canadian Institute for Advanced Research (CA)
ORCID
Venue
Handbook of the Economics of Education
Publisher
Elsevier
Published
2016
Volume
5
Pages
1-74
ISSN
1574-0692 (ISSN-L)
DOI
10.1016/b978-0-444-63459-7.00001-4
OpenAlex
W2471621520
Cited by
89
References
313
Citations by year
2026: 4 · 2025: 1 · 2024: 3 · 2023: 8 · 2022: 15 · 2021: 16 · 2020: 12 · 2019: 11 · 2018: 6 · 2017: 6 · 2016: 4
FWCI
18.45
Type
book chapter
Language
en
Open access
closed
Licence
www.elsevier.com/tdm/userlicense/1.0/ (tdm)
Locations
  • Handbook of the economics of education (publishedVersion)
  • Handbook of the economics of education (submittedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
  • Social Sciences › Education › School Choice and Performance
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Experimental Behavioral Economics Studies
Keywords
youth decision-making, parental decision-making, education policy, student welfare

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

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